Posts tagged with "food tech"

September 13th, 2017Online food delivery and restaurant discovery platform Zomato has finally acquired on-demand logistics and food delivery startup Runnr.
"Emotionally, the deal has been in place for a couple of months now, and both the teams have been working closely with each other quite some time now. So much so, Mohit Kumar, the Founder & CEO of...

December 10th, 2016Berlin-based online food takeaway service Delivery Hero, one of Europe's biggest start-ups, will acquire competitor Foodpanda, a sign of further consolidation to fend off new competition in Europe's sought after food-delivery business.
Delivery Hero, which was valued at 2.89 billion euros ($3.05 billion) in its last funding round a...

August 31st, 2016Online food ordering and delivery firm Foodpanda is in the process of a fresh round of fund raising for expansion and has mandated investment bank o3 Capital for this.
The company however did not share the amount it is seeking to raise.
Foodpanda, which had attained operational profitability early this year, is aiming to regulate...

August 30th, 2016Last year before Diwali we covered an interview of a 25-year-old Bikaneri sweet shop owner from Noida "What kind of Startup Services a “Bikaneri Sweet Shop” Owner Needs?". Here we mentioned each and every point of a sweet shop owner needs from food tech startups. Though after a gap of one year we still feel that none of the food...

May 9th, 2016An HSBC analyst report marked down our valuation from $1b to $500m. For starters, this is very different from all the markdowns so far where investors have marked down their own investments. But given all the media reports, I got a lot of questions from people at Zomato about what’s going on. Here’s an email I sent to everybody at...

May 9th, 2016Not getting over Fund crunch cyclone in Indian startup ecosystem, it seems one more cyclone is going to hit Indian startups called as "valuation cut-off". After India's leading e-commerce company Flipkart valuation cut-off, the cyclone is hitting one more Indian startup "Zomato".
The brokerage arm of HSBC's bank, HSBC Securities and...

March 9th, 2016Gurgaon-based InnerChef, a food tech startup founded by Rajesh Sawhney (GSF, Founder) has acqui-hire Bengaluru-based EatonGo and Gurgaon-based Flavour Labs.
Rajesh Sawhney, founder of Innerchef said, "EatonGo will give us a foothold in Bengaluru that has emerged as the fastest growing food market in the country because of its...